Re: Why Pay New Charges In Full Before Statement Closes?
10-09-2012 11:36 PM
low limit.....400 400 and 500 3 credit card.....low balance....but its 315/400 on one card last month ;-(
I think you may get a 20 point boost by following the plan we mentioned, which in your case would be:
0/400 0/400 15-45/500
It might be hard to do this if you use the cards regularly.
Keep in mind that a good score does not necessarily mean approval for credit. The whole report must look good. It will take you some time to grow your accounts.